Mento South African Rand (ZARm) stablecoin analytics
ZARm is Mento's South African rand stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork).
Static Profile
Static stablecoin profile
Mento South African Rand (ZARm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg South African Rand.
AI summary / Updated May 15, 2026
Celo-issued ZAR stable from Mento's local-currency program, inheriting reserve risk from the shared Mento mix rather than ZAR bank collateral. ZARm is a Celo-based South African rand stable asset from Mento minted CDP-style against the Mento Reserve mix. Pharos already tracks a...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard).
- Peg Mechanism
- Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing ZARm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the ZARm peg, with circuit breakers and Mento reserve transparency on the upstream USDm leg.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
- Contracts
- 1 deployment tracked across Celo.
Snippet Answer
Is ZARm safe?
Pharos does not mark ZARm as absolutely safe. Static metadata says Mento South African Rand uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety zarm-mento
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
ZARm quick answers
What is Mento South African Rand (ZARm)?
ZARm is Mento's South African rand stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its South African Rand peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing ZARm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the ZARm peg, with circuit...
What backs ZARm?
Pharos classifies ZARm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard). Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can ZARm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for ZARm, when applicable, appear in the dossier below.